PANYNJ Punts on Adopting Revised Capital Plan

NJ.com reports, “Port Authority commissioners punted on introducing a revised capital plan, which tentatively allocated $3.5 billion toward replacing the aging Port Authority Bus terminal and $1.5 billion to extend PATH tracks to Newark airport. The decision to table the plan came after a two-hour debate by Port Authority commissioners behind closed doors. New Jersey Commissioner David S. Steiner suggested the board not act on the plan during the public meeting afterward because of the concerns about what he called an overwhelming task. ‘We don’t have enough information, we will not do it justice if we act today,’ he said.” NJ.com adds that PANYNJ Chairman John Degnan “said that the board will hold a special meeting to discuss the plan between now and the next scheduled meeting in February.”